Apple Inc. 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds Purchases of Equity Securities by the Issuer and Affiliated Purchasers Share repurchase activity during the three months ended March 27, 2021 was as follows (in millions, except number of shares, which are reflected in thousands, and per share amounts): Periods Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Approximate Dollar Value of Shares That May Yet Be Purchased Under the Plans or Programs (1) December 27, 2020 to January 30, 2021: Open market and privately negotiated purchases 63,892 $ 133.04 63,892 January 31, 2021 to February 27, 2021: Open market and privately negotiated purchases 34,328 $ 131.09 34,328 February 28, 2021 to March 27, 2021: Open market and privately negotiated purchases 49,187 $ 121.98 49,187 Total 147,407 $ 13,352 (1) As of March 27, 2021, the Company was authorized to purchase up to $225 billion of the Company’s common stock under the Program, announced on April 30, 2020, of which $211.6 billion had been utilized. The remaining $13.4 billion in the table represents the amount available to repurchase shares under the Program as of March 27, 2021. On April 28, 2021, the Company announced the Board of Directors increased the Program authorization by $90 billion. The Program does not obligate the Company to acquire any specific number of shares. Under the Program, shares may be repurchased in privately negotiated and/or open market transactions, including under plans complying with Rule 10b5-1 under the Exchange Act. Item 3. Defaults Upon Senior Securities None. Item 4. Mine Safety Disclosures Not applicable. Apple Inc. | Q2 2021 Form 10-Q | 31